Transforming due diligence with AI Agent Edward
WorkFusion, a pioneer in AI-powered automation for financial crime compliance, has introduced a groundbreaking innovation aimed at transforming enhanced due diligence (EDD) practices.
According to...
Can AI help cure your tax compliance headaches for good?
Tax compliance is becoming an increasingly complex area for many teams, with many stifled by a reliance on out-dated and manual workflows. As firms adopt AI, it could be the secret to finally making tax compliance a streamlined process.
Cybersecurity innovator ShelterZoom raises $6m
ShelterZoom, a pioneering cybersecurity firm focused on document tokenisation and secure content management, has marked a significant milestone in its growth trajectory.
AI and digital ID startup DebitMyData™ bags seed investment
DebitMyData™, a human-centric AI and digital identity platform, has successfully closed its seed funding round, surpassing its original target by more than double.
FATF delists UAE: What firms must do next
The United Arab Emirates (UAE) has officially been removed from the Financial Action Task Force (FATF) grey list, a significant milestone reflecting progress in...
Experian invests in Resistant AI to fight financial crime
Experian has announced a strategic investment in Resistant AI, a company specialising in AI-powered financial crime detection and prevention technologies.
Although the exact financial terms were...
How banks can thrive in unpredictable markets
Volatile financial markets are posing heightened challenges for financial institutions worldwide. Amid unpredictable swap rate fluctuations and persistent economic uncertainty reminiscent of the 2008...
How AI is reshaping internal audits in banking
Faced with rising regulatory scrutiny and ever-growing workloads, internal audit teams within banking institutions are under immense pressure.
Don’t let red flags slip: Smart compliance tips
In today’s fast-moving regulatory environment, it only takes one missed red flag to turn a financial institution into the next headline scandal. Yet despite...
Darktrace acquires Mira Security to boost network visibility
Darktrace has announced the acquisition of Mira Security, a company specialising in network traffic visibility and decryption technologies.
The acquisition builds on an existing partnership...
